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News & politics

Triple dip recession feared

(7 Posts)
janeainsworth Thu 25-Apr-13 15:31:42

Panic apparently over
www.bbc.co.uk/news/business-22290407
For the time being wink

gillybob Thu 25-Apr-13 14:59:31

What a complete load of tosh it all is. Triple dip, double dip, bloody sherbet dip its all the same. It is just overpaid city idiots playing monopoly with peoples lives and making themselves and their buddies very rich in the process.

The carry on in America with the fake tweets saying the Whitehouse had been bombed proves the point. angry

Eloethan Thu 25-Apr-13 14:49:33

The research that has been used in various countries to prove that austerity measures are necessary to correct failing economies has now been widely reported to have contained inaccuracies, as this link to Forbes business publication details.

www.forbes.com/sites/johntamny/2013/04/23/reinhart-and-rogoff-were-wrong-even-without-the-spreadsheet-error/

sunseeker Thu 25-Apr-13 10:11:33

Just heard on the radio there has been a slight growth so no triple dip recession after all (there doesn't that make you all feel better grin)

sunseeker Thu 25-Apr-13 09:53:28

Listening to a financial "expert" on the radio this morning he was saying that the today's figures won't really mean much as they will be "adjusted" later. He even said himself that you put 3 economists in a room and you will get 6 theories!

absent Thu 25-Apr-13 09:47:06

grin At least that one works!

j08 Thu 25-Apr-13 09:27:16

Matt